Feb. 27 at 12:30 PM
$DOCS has agreed to settle with investors over claims that it misled them about declining sales and pressure in its healthcare advertising business.
Who’s eligible?
Anyone who purchased
$DOCS shares between June 24, 2021 and August 8, 2023.
Do I need to sell my shares to qualify?
No — you are eligible whether you sold your shares or still hold them.
How much is the payout?
The payout per share is
$0.32 — but normally only ~25% of eligible investors file, the effective payout could increase to around
$1.28 per share.
Can I still file?
Yes — the court in the N.D. California has preliminarily approved the
$31,000,000 cash settlement and claims are being accepted.
When do payouts happen?
Typically within 8–12 months after final court approval of the settlement.
To file your claim: https://11th.com/cases/doximity-investor-suit
